Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,290,000
Investment properties
103 Garfield Ave Alhambra, CA 91801-3555
Trust Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8053646
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1990
Construction
TILT-UP CONCRETE
Total area
11,224 SF
Lot
0.35 ac (15,257 SF)
Zoning code
ALCBD/DRD*
APN
5337-019-021
UPID
US09-8053646
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
MX Med Inc. Medical Spa Physician
-
Dr velery t sai E N T Physician
-
Dr. Jeffrey Huang Ophthalmologist
-
James Wang Pediatrician Physician
-
Scalp Studio Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.67M
Blend (final)
Blend
$2.29M
Owner & transaction history
Hung Trust · 7 yrs held
Hung Trust
since 2018
7 recorded transactions
Zoning & alternative use
ALCBD/DRD* · Alhambra, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.7M
+7.8%
Apartment house (5+ units)
$3.6M
+3.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Alhambra submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alhambra submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,470,000
Current use
OFFICE BUILDING
$3,740,000
Change: +8% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,570,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$2.29M
Range $2.06M – $2.52M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$204 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$40,373
Tax year 2024
Assessed value
$3,126,733
Assessed 2024
Previous assessed
$3,126,733
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,639,895
Assessed improvement
$1,486,838
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
11,224 SF
Lot
0.35 ac (15,257 SF)
Zoning code
ALCBD/DRD*
APN
5337-019-021
UPID
US09-8053646
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ALCBD/DRD* · Alhambra, CA
Zoning ALCBD/DRD* · permitted uses
ALCBD/DRD* · Alhambra, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alhambra. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
Hung Trust
Trust
Mailing address
918 MAGNIS ST, ARCADIA, CA 91006-4926
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2025
—
Miao Hung Cheng
—
Deed
related
$850,000 · East West Bank
Oct 4, 2018
—
Hung Trust
Hung Living Trust
Quit Claim Deed
related
—
Dec 19, 2014
—
Cheng M Hung
Hung,chung C
Quit Claim Deed
related
—
Mar 24, 2005
—
Yang Chao INC
Hung,chung-ching
Grant Deed
—
Feb 11, 2005
—
Hung Chung-ching
Hunter R E JR Trust
Grant Deed
$1,288,000 · Omni Bank
Jul 17, 1998
—
Wells Fargo Bank
Tokai Bank California
Grant Deed
related
$420,000 · First Republic Bank
Mar 19, 1998
$942,712
Tokai Bank California
Yung,allan K & Nancy L
Trustees Deed
related
—
Jul 11, 1997
—
Yung,allan K & Nancy L Trustees
Yung,a K & N L
Quit Claim Deed
related
—
Mar 31, 1989
$950,000
Dynasty Deed Ser
Jenkins Mack And
Trustees Deed
$600,000 · Dynasty Deed Ser
—
—
Allan K Yung
—
Deed Of Trust
related
$1,000,000 · Tokai Bank California
—
—
Hunter Robert JR E Trust
—
Deed Of Trust
related
$386,231 · Citizens Business Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 103 Garfield Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
